Why use Bitcoins ?
I keep seeing threads on why don't people ? The real question to me is Why would they ?
-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.
I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.
I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.
Bitcoin was not designed in the way you are describing it. Bitcoin was not made for people to use it to buy groceries and everyday spending with. It is meant as an investment option, similar to gold.
Bitcoin is also fairly anoymous, especially if you use multiple addresses. Think of bitcoin as gold and compare them. They re both investments but Bitcoin has the abilibity to be spent online.
Yes,bitcoin has been created as a store value and to P2P system to send money without the role of banks.It is not meant for buying groceries or a cup of tea.Bitcoin has already created a revolution in economy.Banks have started to suffer loss in revenues which they got from transactions.